Taxes

For the early planners, the IRS announced updated 2020 income tax rates this week. There are 6 federal income tax brackets for 2020 – 12%, 22%, 24%, 32%, 35%, and 37%. The standard deduction for married couples filing jointly will

I heard a report on NPR this morning and it just didn’t sit right with me. With it being tax day – a national holiday worthy of a day off and celebrations everywhere – I thought I would share. According

Several years ago my wife and I decided to refinance our home (and then a year later, our rental house). One of the main reasons for the refinance was to lower our monthly payment as well as take advantage of

Unfortunately, there is no way around doing your taxes. You either need to do ‘em yourself OR get someone knowledgeable enough about tax law to do them. To top it off, you want to make sure they are done right.

When I was younger, I used to love doing my own taxes. My dad would pick-up a 1040EZ form from the library and help me get my W-2 together from my employer. Things were easy then. And, I always got a refund.

Americans spend $140 billion per year to comply with the tax code – that’s a lot of money. And, although that figure may be enough to tempt you to look for ways to cut back on tax prep services, H&R Block reports that consumers

According to an annual survey from Capital One Bank, this year’s average tax refund is expected to be $2,803. With such a nice chunk of change, not dreaming about exotic vacations and enormous televisions is nearly impossible.Pledges to pay down